UAE halts all trade and financial dealings with Iran
The UAE Foreign Ministry has suspended all commercial and financial exchanges with Iran until further notice.
The UAE Foreign Ministry has temporarily halted all commercial and financial interactions with Iran, according to a statement from Afra Al Hameli, Director of Strategic Communications at the Ministry of Foreign Affairs. She emphasized that the UAE rejects any assertions about the current state of its economic ties with Iran. Al Hameli reiterated the UAE's dedication to diplomacy, collaboration, and regional integration as crucial elements in fostering peace, stability, and prosperity across the region.
She highlighted that due to regional tensions jeopardizing regional and global security, all trade and financial operations with Iran have been put on hold pending further assessment. Al Hameli stressed the UAE's unwavering dedication to preserving the integrity of the global financial system, in line with international law and the most stringent global norms.
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